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there is a price to pay, the price is paid by the american people and your businesses and economic environment worldwide. through that. john engler -- he and i philosophically don't agree on much -- \[laughter] >> i'm just being honest about john, he is a great politician and comes from the other party, but john is exactly right when he says that the only thing that debt ceiling for is to destroy your credit rating. so i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way, we have never done in our history until we did it last year, i will not play that game. we have to break that habit before it starts. so, with that, let me just say, we have one path where we resolve it fairly quickly. cuts. we reform our entitlements. increases. you get business certainty and you do what you do best, innovate, hire workers, make profits, do well by your shareholders and grow a
there is a price to pay, the price is paid by the american people and your businesses and economic environment worldwide. through that. john engler -- he and i philosophically don't agree on much -- \[laughter] >> i'm just being honest about john, he is a great politician and comes from the other party, but john is exactly right when he says that the only thing that debt ceiling for is to destroy your credit rating. so i want to send a very clear message to people here. we are not going...
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Dec 8, 2012
12/12
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> still ahead, the amazing story behind this incredible photo. if you look closely, that's me just to the north of mexico. wait. that's not right. ♪ lowers to cut drag. rises to every challenge. t
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. a new way to save on...
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Dec 5, 2012
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>> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. nots interesting we're fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the good hand in this struggle. restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to incr
>> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. nots interesting we're fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the good hand in this...
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Dec 10, 2012
12/12
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environments. there is so much to talk about. in an area we have been talking about on the skilled work force or how much there is a skill gap, i think this is a critical issue. i think that for us to have clear policies, we need to do a little better in clearly defining the challenge. first of all, i don't think there is any question that the main reason we are having higher unemployment right now is not structural. it is fundamentally cyclical, fundamentally the lack of demand that is still in our economy as we recover from the great recession. that said, that awareness, that recognition that ben bernanke and former cea sheriff lazar -- cea chair lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. we know that one of the challenges we face right now in our economy is not just lowering unemployment, bu
environments. there is so much to talk about. in an area we have been talking about on the skilled work force or how much there is a skill gap, i think this is a critical issue. i think that for us to have clear policies, we need to do a little better in clearly defining the challenge. first of all, i don't think there is any question that the main reason we are having higher unemployment right now is not structural. it is fundamentally cyclical, fundamentally the lack of demand that is still...
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Dec 3, 2012
12/12
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the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their fulfillment. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what -- p. burns about 1.5000 gallons of fuel per day -- 1.5 billion gallons of fuel per day. oh, per year. [laughter] why would really be a problem. but the truth is that sex, what they have done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited
the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their...
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so that we can create an environment for businesses to create jobs. gerri: long-term talks about this. a long way to go. i wish would come he would come back and maybe we will have a conversation. i really appreciate your coming on the show, thank you so much and i think you for having me. gerri: now we want to know what you think. banda gerriwillis.com, vote on the right-hand side of the screen. we have lots more in the show. twenty-six days until we fall off the fiscal cliff. is that what democrats want us to do? pictures seem so. we go live to capitol hill in 10 minutes. while congress talked about wanting to cut excess spending, the numbers may tell a different story. i will break it down coming up next. ally bank. why they have a raise your rate cd tonight our guest, thomas sargent. nobel laureate in econocs, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise ur rate cd. ally bank. your money needs an ally. gerri: where
so that we can create an environment for businesses to create jobs. gerri: long-term talks about this. a long way to go. i wish would come he would come back and maybe we will have a conversation. i really appreciate your coming on the show, thank you so much and i think you for having me. gerri: now we want to know what you think. banda gerriwillis.com, vote on the right-hand side of the screen. we have lots more in the show. twenty-six days until we fall off the fiscal cliff. is that what...
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Dec 4, 2012
12/12
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-- about the environment in those areas? >> we are continuing to track the prevalence and identify children and a younger age. we have components to identify children at age 4. we are reviewing a study to try to understand what is impacting the prevalence rate from a community perspective, understanding how to our identified and diagnosed in the community as well as changes in risk factors and modeling how those changes over time might have influenced the the rate. rex my colleague talked about by it and other family instances. is there a part of this month during -- monitoring where families are interviewed? >> we have a second research program as well as activities that are ongoing at the nih. we have a research component in six states to do just that, to enter the dam is coming get more detailed information from medical records, to compare children -- dam it and children who have autism versus those who do not -- families of children who have autism versus those who do not. we have just completed the first phase. we have
-- about the environment in those areas? >> we are continuing to track the prevalence and identify children and a younger age. we have components to identify children at age 4. we are reviewing a study to try to understand what is impacting the prevalence rate from a community perspective, understanding how to our identified and diagnosed in the community as well as changes in risk factors and modeling how those changes over time might have influenced the the rate. rex my colleague talked...
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Dec 5, 2012
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that applies to life and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic conversation. [applause] captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> president obama addressed a group of corporate executives today in washington. he talked about negotiations with congressional republicans on deficit reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on r
that applies to life and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic...
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Dec 5, 2012
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technology to both students and staff, has worked to develop 21st century learning skills in a classroom environment that fosters creativity, innovation and critical thinking. most importantly, ryan works tirelessly to help his students achieve success in the classroom. ryan devlin, thank you for your commitment to the teaching profession and congratulations. and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? >> permission to address the house for one minute, mr. speaker, and revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized. >> mr. speaker, members, as announced earlier by congressman ralph hall, we lost a member of the texas legislature, congressman jack brooks, who proudly served his southeast texas district for 42 years after he was first elected in 1952. mr. green: ultimatelying as dean in this house of representatives and dean of our texas delegation. i knew jack brooks from his -- my days in the state legislature and he was one of my mentors when i fir
technology to both students and staff, has worked to develop 21st century learning skills in a classroom environment that fosters creativity, innovation and critical thinking. most importantly, ryan works tirelessly to help his students achieve success in the classroom. ryan devlin, thank you for your commitment to the teaching profession and congratulations. and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek...
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Dec 5, 2012
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it is because they grew up in a -- an unstable home environment. they grew up in dangerous neighborhoods with no access to healthcare. they're often raised by heroic single parents and sometimes an elderly grandmother. they may not have a chance to participate in afterschool to these -- activities because their parents are working and cannot pick them up. every day some amazing parent or caretaker is of her, and all of it to give these kids a chance at a better life. the research on this topic consistently found that children raised in tough circumstances struggle in comparison than children raised in more stable family settings. they face a higher risk of poverty and failing schools. have lower scores on standardized tests, lower grades, and a much higher chance of dropping out of high school or failing to attend college. this societal breakdown is not something the government has solved, but it is something they cannot ignore. you cannot separate economic well-being of of your people from their social well-being. but the federal government -- wha
it is because they grew up in a -- an unstable home environment. they grew up in dangerous neighborhoods with no access to healthcare. they're often raised by heroic single parents and sometimes an elderly grandmother. they may not have a chance to participate in afterschool to these -- activities because their parents are working and cannot pick them up. every day some amazing parent or caretaker is of her, and all of it to give these kids a chance at a better life. the research on this topic...
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Dec 6, 2012
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are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are primarily in july over the summer. and so it's accurate that interest rates have dropped further than were built into the primary actuarial view. there are two offsetting factors to that, though. one is that home prices have performed better than were used in the actuarial. and that, based on what we know today, even for this year the actuarial would be significantly better if it were performed today just on that one variable. and then the second point is that the act warblee review is a -- actuarial review is a point in time that assumes that we do no f
are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are...
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so that we can create an environment for businesses to create jobs. gerri: long-term talks about this. a long way to go. i wish would come he would come back and maybe we will have a conversation. i really appreciate yo coming on the show,hank you so much and i think you for having me. gerri: now we want to know what you think. banda gerriwillis.com, vote on the right-nd side of the screen. we have lots more in the show. twenty-six days until we fall off the fiscal cliff. is that what democrats want us to do? pictures seem so. we go live to capitol hill in 10 minutes. while ngress talked about wanting to cut excess spending, the nbers may tell a different story. i will break it down coming up next. you stl think you're colder than me? nah. don tell me. tell tiny! [ ice crackling ] [ knuckles cracking ] and who are you supposed to be, back-up? handle it. what you looking at? ha! cat-like reflexes... whoa! [ male announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the coldest. don't you do it. don't you do it! [ male
so that we can create an environment for businesses to create jobs. gerri: long-term talks about this. a long way to go. i wish would come he would come back and maybe we will have a conversation. i really appreciate yo coming on the show,hank you so much and i think you for having me. gerri: now we want to know what you think. banda gerriwillis.com, vote on the right-nd side of the screen. we have lots more in the show. twenty-six days until we fall off the fiscal cliff. is that what democrats...
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Dec 7, 2012
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few believe like humans dogs should keep the environment in mind when learning to drive. >> with the number of dog motorists at an
few believe like humans dogs should keep the environment in mind when learning to drive. >> with the number of dog motorists at an
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some rate changes, some base broadening, but let's see what the traffic will bear, but the political environment, the culture on the hill will accommodate. >> dave camp and sander levin cut a deal? >> begin the process and try to confer. if there is a new revenue source, carbon tax, some sort of consumption tax, it will emerge out of their common frustration that they cannot get where they need to go. what we need to do is do not micromanage, don't be prescriptive. give them a number, a ratio of expenditure reductions to tax reform, revenue enhancements, and if that task falls to the -- and give them that task this fall to the committee and over the next six or nine months, task them to meet those numbers. i think the capability is there to do it. it may not be rostenkowski and packwood, but if there is a will, they will get the job done. >> i do not think it is credible to kick the can down the road that far at this point. i think the reaction in the real economy would be devastating. you have to imagine what you are suggesting, vic, which is a good suggestion in the context of doing something
some rate changes, some base broadening, but let's see what the traffic will bear, but the political environment, the culture on the hill will accommodate. >> dave camp and sander levin cut a deal? >> begin the process and try to confer. if there is a new revenue source, carbon tax, some sort of consumption tax, it will emerge out of their common frustration that they cannot get where they need to go. what we need to do is do not micromanage, don't be prescriptive. give them a...
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Dec 9, 2012
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it is a hostile environment. the pentagon estimates there could be as many as 75,000 troops that would be needed to do that. another option would be to preemptively bomb but then you have dispersal of the agents and so forth. a third would try to seek some sort of property to go in and secure the site. it is a very difficult set of issues as president obama has clearly noted in the clip and has drawn a clear line on the use by the assaad regime. host: here is where syria is located in the middle east. adjacent to 11 on, i rock, and turkey. this civil war has not been going on 21 months. how has he been able to retain power? -- they are adjacent to lebanon, iraq, and turkey. guest: there have been times in the past when a bomb attack killed four members of his inner circle and people thought it could be the beginning of the end of the regime. no one has any illusions about his ability to last over the long term, but he has shown that he will whether much of the storm and unfortunately it's very hard to say when it
it is a hostile environment. the pentagon estimates there could be as many as 75,000 troops that would be needed to do that. another option would be to preemptively bomb but then you have dispersal of the agents and so forth. a third would try to seek some sort of property to go in and secure the site. it is a very difficult set of issues as president obama has clearly noted in the clip and has drawn a clear line on the use by the assaad regime. host: here is where syria is located in the...
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Dec 10, 2012
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business environment in state of michigan, city of detroit is terrible. companies aren't coming in there investing. >> dana: a few years ago governor rick schneider took over, a businessman. he had done get awa get gateways and he didn't have to do anything else but decided to serve the state. to the point was dire. some said the governor, state of michigan would need to take over the city of detroit. you can separate the issues. bail-out idea, bail-out detroit versus what governor rick snyder is doing, fundamental change for michigan to make it more like a state like virginia. 23 other states that are right to work states. if they compete for work they got, and the idea might be better. it could be good for state of michigan, if painful for a few people for a while. >> eric: so many car companies say we like to do business in america. freddie addressing the fiscal cliff in detroit is going to mercury to address global warming. it's hot there. only obama could declare the auto bail-out a success. that is like hurricane sandy is a mess. the only successful
business environment in state of michigan, city of detroit is terrible. companies aren't coming in there investing. >> dana: a few years ago governor rick schneider took over, a businessman. he had done get awa get gateways and he didn't have to do anything else but decided to serve the state. to the point was dire. some said the governor, state of michigan would need to take over the city of detroit. you can separate the issues. bail-out idea, bail-out detroit versus what governor rick...
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Dec 7, 2012
12/12
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i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis this country has fa
i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite...
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Dec 8, 2012
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she is in this environment and has gone on to become a really big deal. we are happy to have you with us terry >> thank you. jean was some of the way for a meeting which may or may not be good news on the fiscal front. i am hoping this is a little less a vengeful than the last panel i moderated. last week i was at the kennedy school at harvard were they do the debrief every four years with a senior campaign officials and we discussed the campaign when the fire without -- and all the power went out. fortunate that rep schwartz is able to join us, representing a district in philadelphia
she is in this environment and has gone on to become a really big deal. we are happy to have you with us terry >> thank you. jean was some of the way for a meeting which may or may not be good news on the fiscal front. i am hoping this is a little less a vengeful than the last panel i moderated. last week i was at the kennedy school at harvard were they do the debrief every four years with a senior campaign officials and we discussed the campaign when the fire without -- and all the power...
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Dec 10, 2012
12/12
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we exist in a competitive environment both nationally and internationally. it's up to each of the states to put themselves in the very best position to grow jobs and to grow the economy and to allow our michigan businesses to compete to keep, grow and bring in new jobs. this border between indiana and michigan with indiana now being right to work is a great concern to me. i think it's at great concern to those of us in the legislature who say let's give those workers the freedom to choose if they want to participate. no difference than if they choose to go to a particular restaurant or choose a particular plumber or choose to have somebody that is giving them good value and good benefits for the pay that they give that individual or in this case that private organization. >> ifill: i would like either of you to cite for me a specific example, in your case congressman levin, in your case state senator prose where the right to work either depress the economy or help the economy in any other state and would specifically in michigan. starting with you, congressm
we exist in a competitive environment both nationally and internationally. it's up to each of the states to put themselves in the very best position to grow jobs and to grow the economy and to allow our michigan businesses to compete to keep, grow and bring in new jobs. this border between indiana and michigan with indiana now being right to work is a great concern to me. i think it's at great concern to those of us in the legislature who say let's give those workers the freedom to choose if...
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Dec 2, 2012
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. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort o
. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really...
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Dec 4, 2012
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the challenge now is less military, the security environment is improving. it's now -- how doout yao get local governance in? get economic development so people have opportunities? just over the past year, if we had sat in this conference room a year ago and said, hey in december of 2013, sew mallways going to have a president, a constitution, parliament, al-shabab won't be in control of widespread areas across the country, we would all say, you're crazy. that's not going to happen, but that's exactly what did happen because the africans decided that's what they wanted to have happen. one little personal anecdote in that regard. i was afforded the great privilege, i believe, of last autumn, autumn of 2012 in a meeting in nairobi with the military chiefs of uganda and other countries. they had been directed by their heads of state, you guys figure out the military strategy to get -- defeat al-shabab in mogadishu first and then more broadly across the country. and they did just that. as you might suspect, wild disagreement how to do that. lots of different ide
the challenge now is less military, the security environment is improving. it's now -- how doout yao get local governance in? get economic development so people have opportunities? just over the past year, if we had sat in this conference room a year ago and said, hey in december of 2013, sew mallways going to have a president, a constitution, parliament, al-shabab won't be in control of widespread areas across the country, we would all say, you're crazy. that's not going to happen, but that's...
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Dec 10, 2012
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was the party of teddy roosevelt who founded and set up our national park system and cared about the environment. those things are important to me. when the party start eed moving away from those thing and taking away the sunday before election to vote. there's a great tradition after church to go and vote in states that have early voting. it just seemed to me there was real suppression going on, it wasn't a tolerant party, it wasn't doing what was right for the environment or public education. i'm a public school kid. my dad was on the school board when i was a kid. i have three sisters, two have been public school teachers here in florida. i have a heart for that kind of thing, and it means an awful lot to me. people have told me for a long time, chris, charlie, you have really been a democrat, you just didn't know it. i mean, these are people that i went to college with and went to law school with. >> are you going to lead the charge -- >> so i'm bloglad to be here. >> are you going to lead the charge around the country for people who were republicans to become democrats. >> i think they shou
was the party of teddy roosevelt who founded and set up our national park system and cared about the environment. those things are important to me. when the party start eed moving away from those thing and taking away the sunday before election to vote. there's a great tradition after church to go and vote in states that have early voting. it just seemed to me there was real suppression going on, it wasn't a tolerant party, it wasn't doing what was right for the environment or public education....
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Dec 6, 2012
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in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of government shut down in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians
in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of...
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Dec 10, 2012
12/12
by
FBC
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eye 110
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i think it has to come to the top of the agenda because we are changing our environment. liz: look at hurricane sandy with his bizarre storm surge, a snowstorm here in october and nothing all winter. how does that affect my portfolio? >> i think if you look carefully, we can see firms you think might do well in a world which has more climate distress. and firms that won't. firms, they actually look like they are overpriced. it was expensive. that means people are actually investing in these kinds of industries and that means investing population is worried about it. liz: look at vail resorts but they hit because there is no snow and skiing companies. we cannot roll the something that we don't know, but it is a concern. let's get the number one. something we were talking a lot about and stopped because the fiscal cliff insanity. that is. >> europe. europe has the potential to unravel this is not a decade-long agenda, this is actually within a year maybe, i don't know. it has the possibility of breaking apart, having a severe recession that will impact the u.s. economy and
i think it has to come to the top of the agenda because we are changing our environment. liz: look at hurricane sandy with his bizarre storm surge, a snowstorm here in october and nothing all winter. how does that affect my portfolio? >> i think if you look carefully, we can see firms you think might do well in a world which has more climate distress. and firms that won't. firms, they actually look like they are overpriced. it was expensive. that means people are actually investing in...
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Dec 4, 2012
12/12
by
CNBC
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eye 178
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why is it, does it have to do with valuations or the political environment we find ourselves in now? >> it has to do valuations. we look stock by stock and love our companies but their prices are just reasonable and we prefer cheap. >> you prefer a lot of cash, correct? >> we have cash of 25 to 35% in our various stock funds. again that's a function of valuation. we would love to see investing public get scared about something and allow us to buy more of our stocks down 10 to 15% where they are today. >> you are looking at opportunity 15% below where we are now in the market. what kind of properties are you looking at and stocks are you looking at at this point? what makes a good stock for you, other than value? is it cash generation? is it niche plays? how do you pick the components of the portfolio? >> companies that generate more cash than they need to operate in the business. and management that we really trust to redeploy that cash well. that can be a bank stock like wells fargo, cab pharmaceutical stock like valiant. can be john malone's liberty companies we own three of four o
why is it, does it have to do with valuations or the political environment we find ourselves in now? >> it has to do valuations. we look stock by stock and love our companies but their prices are just reasonable and we prefer cheap. >> you prefer a lot of cash, correct? >> we have cash of 25 to 35% in our various stock funds. again that's a function of valuation. we would love to see investing public get scared about something and allow us to buy more of our stocks down 10 to...
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Dec 7, 2012
12/12
by
CSPAN
tv
eye 209
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concerning protection of the environment, other issues. on the renewable side, we're making a lot of progress in research and development. that is where a lot of the federal money that is going is involved. up 12%renoble's making of u.s. energy production today. -- renewal bills making up 12% of u.s. energy production today. -- reneweables making up 12% of u.s. energy production today. guest: your viewers are now saying if they're watching their screens, the contribution of renewals to electric power generation with quite a bit coming from wind, solar, and biomass. host: with wind having some of the largest gains in terms of its use? guest: right. the wind is utility scale activity. that growth there is being supported by things like the production tax credit, which expires at the end of this year. for solar, it is a combination of utilities collectivities. concentrated solar power, creation of steam, and roof panels. nick mentioned some of the time involved in this. there is two aspects. wind and solar are really dependent. intermittent.
concerning protection of the environment, other issues. on the renewable side, we're making a lot of progress in research and development. that is where a lot of the federal money that is going is involved. up 12%renoble's making of u.s. energy production today. -- renewal bills making up 12% of u.s. energy production today. -- reneweables making up 12% of u.s. energy production today. guest: your viewers are now saying if they're watching their screens, the contribution of renewals to electric...
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Dec 5, 2012
12/12
by
CNNW
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eye 124
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. c
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i wish my patients...
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197
Dec 9, 2012
12/12
by
CNNW
tv
eye 197
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> and you're looking at the annual lighting ceremony of the national minuora. thousands of people are lining up there for the big event. the minor is called the world's largest. the lighting ceremony began under president jimmy ca
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a"...
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166
Dec 5, 2012
12/12
by
CNNW
tv
eye 166
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doc
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming...
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Dec 9, 2012
12/12
by
CSPAN
tv
eye 193
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applause] >> joining us this evening is the honorable sherman, under secretary for natural resources and environment at the u.s. department of agriculture. he has a holiday message to share with you as well. [applause] >> speaker boehner, senators udall and bennett, congressman tipton and distinguished guests, on behalf of the secretary, tom vilsack and our chief of the forest service, i would like to say a few words if i can. each year, the capitol christmas tree comes from the u.s. forest service, which is an agency within usda and eachier we -- each year we select that tree from a different forest. this tree is from a small town called meeker, colorado in the white river national forest in the high mountain areas of colorado. and it's a spruce tree and 73 feet tall and happens to be 74 years old. it's only the third time in colorado's history that colorado has provided the capitol christmas tree and i'm particularly proud of that since i'm a colorado resident. yay, colorado! [cheers and applause] >> we call this the people's tree for good reason and that's because it comes from our public lands,
applause] >> joining us this evening is the honorable sherman, under secretary for natural resources and environment at the u.s. department of agriculture. he has a holiday message to share with you as well. [applause] >> speaker boehner, senators udall and bennett, congressman tipton and distinguished guests, on behalf of the secretary, tom vilsack and our chief of the forest service, i would like to say a few words if i can. each year, the capitol christmas tree comes from the...
93
93
Dec 7, 2012
12/12
by
CSPAN2
tv
eye 93
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and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done, not today, but at a point with economic projections that are primarily in july over the summer. so it is accurate but interest rates have dropped further than where built into the primary, actuarial view. there are two offsetting factors to that. one is that home prices have performed better than were used in the actuarial. based on what we know today, even for this year, the actuarial would be significantly better to perform today, just on that one variable. the second point is that the actuarial review is a point in time that assumes that we do no further fha business. one of the things that is artificial about it if i could use that term, is when interest rates go to work, it assumes people pay out faster. that is accurate. what it doesn't take into account is typically half of those folks refinancing to an fha loan. the submitted nature of the actuarial, taking a snapshot in time, assuming
and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done, not today, but at a point with economic projections that are primarily in july over the summer. so it is accurate but interest rates have dropped further than where built into the primary, actuarial view. there are two offsetting factors to that. one is that home prices have performed better than were used in the actuarial. based on what...
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89
Dec 7, 2012
12/12
by
CSPAN2
tv
eye 89
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chewing the iranians in the united states, the ukrainians hands down are better able to operate in that environment and take whatever marginal advantage they can, not only with alawite and kurds, but everybody who remembers the experience in iraq with al qaeda. sunni jihad is as well, particularly vis-À-vis the united states or the surrogate the israelis. that is a real concern. it's one of the real tragedies of this entire affair sobol i think ambassador ford is absolutely correct by working very hard and diligently to bolster moderates, to help them both politically and materially to succeed and to win the day in syria and defeat the assad regime is absolutely the way to go and to have done that as quickly as possible. unfortunately despite ambassador ford's best efforts, my sense is that it's not really been the administration's policy, at least in practice over the last 20 months. therefore, we are perilously close. i must say i'm quite despairing that the window has almost closed in terms of an effect of u.s. ability to intervene in a meaningful way and have our interest in voice represented
chewing the iranians in the united states, the ukrainians hands down are better able to operate in that environment and take whatever marginal advantage they can, not only with alawite and kurds, but everybody who remembers the experience in iraq with al qaeda. sunni jihad is as well, particularly vis-À-vis the united states or the surrogate the israelis. that is a real concern. it's one of the real tragedies of this entire affair sobol i think ambassador ford is absolutely correct by working...
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167
Dec 4, 2012
12/12
by
KQED
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eye 167
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if that was back on the table could you imagine that breaking through the current political environment. >> i think basically now, gwen, there are three sticking points. one is the amount of revenue and the sources of revenue. the second is the amount of spending cuts and how much of that will come from the entitlement programs particularly health. the last sticking point is what do we do about this debt limit that we've come up against all the time that puts our credit in danger. >> ifill: the president has said the debt limit should be, at least in his opening statement, that the debt limit debate should be set aside and that nothing can be done unless the taxes are cut... are raised for the wealthy. is that part of a solution that you can see working for what it is everybody is trying to get to here? >> look, gwen, i'm not a bit worried that it appears on the surface that secretary geithner ton the speaker didn't make any progress last week. that's just a theater you go through. geithner made his first offer. the republicans rejected it. no surprise. i'm sure that this offer that the
if that was back on the table could you imagine that breaking through the current political environment. >> i think basically now, gwen, there are three sticking points. one is the amount of revenue and the sources of revenue. the second is the amount of spending cuts and how much of that will come from the entitlement programs particularly health. the last sticking point is what do we do about this debt limit that we've come up against all the time that puts our credit in danger....
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Dec 9, 2012
12/12
by
WBAL
tv
eye 194
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voluntarily phased out in 2004 after the epa expressed concern that they were toxic to both humans and the environment. and a toxic ban from children's sleep wear in the 1970s. an environmental advocacy group found the tests it commissioned found high levels of tris in 16 upholstered products. but the midwesteamerican chemis counsel say that it provides time -- a furniture trade group says it's not aware of any evidence including in the sofa study linking the retard ands in furniture as a home health problem. additional research is needed for the sole purpose of meeting california's strict standards. the treadway's say for them, finding this ecofriendly douch was worth it. >>> we're back in a moment with a santa sighting tonight, half a world away. has gotta be just ri. perfect golden color. rich in fiber. my dad taught me, and i taught my son out there. morning, pa. wait... who's driving the...? ♪ 99 bushels of wheat on the farm, 99 bushels of wheat ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat .
voluntarily phased out in 2004 after the epa expressed concern that they were toxic to both humans and the environment. and a toxic ban from children's sleep wear in the 1970s. an environmental advocacy group found the tests it commissioned found high levels of tris in 16 upholstered products. but the midwesteamerican chemis counsel say that it provides time -- a furniture trade group says it's not aware of any evidence including in the sofa study linking the retard ands in furniture as a home...
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186
Dec 6, 2012
12/12
by
CURRENT
tv
eye 186
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the damage we have done to our environment may be getting worse. carbon dioxide emissions were at a record high in 2011. and when the numbers in 2012 are totaled they're expected to be even worse. the efforts to cush these hammer unfortunately emissions are simply failing. the rhetoric coming out of the white house has been fine. the president obama even mentioned quote the destructive power of a warming planet in his acceptance speech last month but time for talk is over. now the is the time for action. here with me now to tell me if we should start preparing for the earth as we know it. joe rome. thank you for joining us. >> thank you for having me. >> we're very close or even maybe at a tipping point beyond which the capacity to pull back the impact of co2 pouring intoous atmosphere may well nigh impossible. >> no question it's getting--the impacts are getting more noticeable. we're seeing super storms we haven't seen before. hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the st
the damage we have done to our environment may be getting worse. carbon dioxide emissions were at a record high in 2011. and when the numbers in 2012 are totaled they're expected to be even worse. the efforts to cush these hammer unfortunately emissions are simply failing. the rhetoric coming out of the white house has been fine. the president obama even mentioned quote the destructive power of a warming planet in his acceptance speech last month but time for talk is over. now the is the time...
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93
Dec 4, 2012
12/12
by
CNBC
tv
eye 93
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quote 1
so we think the united states is in a 1 to 2% growth environment going forward and investors should be used to. >> this >> is this whole thing a kabuki dance? you look at debt, the numbers going out, we are talking about, both parties are guilty of one thing, say they want to cut and cut that frnlts basically, the government has been running in balance. we are bringing in 15% of gdp. speaking one for one, that subjects that revenue should come down to 20 or 19. there should be a one for one give and take going forward between republicans and democrats. >> if you think we are headed for a difficult time, you know, as you say due to structural economic headwind, when and how do we pull out of it? >> with difficulty. i think policy you whether monetary policy or fiscal policy has to be directed toward -- toward growth. yes, that's mantra from both republican and democratic sides but basically, growth challenged, taken our growth from us in terms of job creation, we need to have policies that fight back, that either devalue the dollar relative to competition so our exports and manufacturin
so we think the united states is in a 1 to 2% growth environment going forward and investors should be used to. >> this >> is this whole thing a kabuki dance? you look at debt, the numbers going out, we are talking about, both parties are guilty of one thing, say they want to cut and cut that frnlts basically, the government has been running in balance. we are bringing in 15% of gdp. speaking one for one, that subjects that revenue should come down to 20 or 19. there should be a one...
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in this revenue environment, that means being much tighter on expenses than citigroup has historically done. cheryl: $476 billion they took during the financial crisis. the government was there to help citigroup and lend them a hand. is this new citigroup going to be a better citigroup? >> i certainly think there will be four more focus on generating the operating leverage in each of the individual businesses in the company has been for quite some time. in our view, citigroup's model for the past decade or so has really focused on growth and specifically within revenue growth. not so much within expense discipline. now you have two gentlemen that are focused making sure the expense dividend is part of the story. cheryl: we are so top-heavy covetous bureaucratic, too many middle managers and players. what do they need to do to deliver on the earnings per share and kind of get the taint off of the name citigroup. >> getting rid of what's referred to as taint is a long, slow process that won't be done in one press release or one day or one earnings announcement. i think the fact that you
in this revenue environment, that means being much tighter on expenses than citigroup has historically done. cheryl: $476 billion they took during the financial crisis. the government was there to help citigroup and lend them a hand. is this new citigroup going to be a better citigroup? >> i certainly think there will be four more focus on generating the operating leverage in each of the individual businesses in the company has been for quite some time. in our view, citigroup's model for...
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know, when do you think we'll get back to what we would consider a healthy economy and a healthy job environment? >> i think it's a multiyear process ahead of us. i think it will be a slow slog. actually i look at the very, very low rates that we have right now, the treasury rates, really being a sign of the sickness of the economy. when we start to see treasury rates on a sustained upward move, that will tell me that we're going back to what used to be normal, say pre-07 to a economy growing 3 or 4%. until we start to see the fed not pushing down on rates so much we have to look for more of the same. tracy: real quickly some of the sectors you like one of them is energy. a lot of people say we have energy boom in the united states. you like the shale gas and liquids, right? >> yes because here's an industry that really has exploded in the last half a dozen years where it didn't previously exist. it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out th
know, when do you think we'll get back to what we would consider a healthy economy and a healthy job environment? >> i think it's a multiyear process ahead of us. i think it will be a slow slog. actually i look at the very, very low rates that we have right now, the treasury rates, really being a sign of the sickness of the economy. when we start to see treasury rates on a sustained upward move, that will tell me that we're going back to what used to be normal, say pre-07 to a economy...
139
139
Dec 8, 2012
12/12
by
CNNW
tv
eye 139
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ]...
165
165
Dec 4, 2012
12/12
by
CNBC
tv
eye 165
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why not get regular income from your investments as you search for some return in this low-rate environment. this is a deepening vicious cycle. the white house and congress have not given us a fiscal policy as the economy bumps along the bottom now for four years and counting. so the federal reserve saves the day. we finally get some fiscal policy by going over the fiscal cliff even if it is considered bad policy. for some taxes on divs we could see those taxes soar to 44%. companies wait to disperse this year. some companies are borrowing money just to pay out the dividend before the new year so they can get their investors to get the 15% dividend tax. is this the kind of corporate financial responsibility we want? borrowing money just to give it away? who wants a dividend that a company cannot afford or if it can afford it it chooses to borrow the tax. this is just an observation on how one bad policy can act as a domino effect. bad policy begets bad policy. it is another reason why america is pleading with washington to get a deal done on the fiscal cliff. stop taunting one another with
why not get regular income from your investments as you search for some return in this low-rate environment. this is a deepening vicious cycle. the white house and congress have not given us a fiscal policy as the economy bumps along the bottom now for four years and counting. so the federal reserve saves the day. we finally get some fiscal policy by going over the fiscal cliff even if it is considered bad policy. for some taxes on divs we could see those taxes soar to 44%. companies wait to...
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138
Dec 4, 2012
12/12
by
CSPAN
tv
eye 138
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>> the major place it fits is in the right policy, which would create an environment which would produce a lot more revenue, and that would help to reduce the debt. the federal government doesn't spend much money on energy. the energy research is about $6 billion a year, more or less. i'd like to see it doubled. i think if you're looking for something -- i mean, this report, i think, is a blueprint for independence. that doesn't mean we don't ever buy from people, this person or that person, but we're not in a position to be held hostage by anybody. it also focuses on finds more and use less, that's the magic formula. but i think what we can do in the federal government following up the last question with this one is, i think invest in research, for example, and getting a 500-mile battery for electric cars, getting solar energy that's one kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that's commercially sold. i mean, we should look at the model of unconventional gas, and i'm sure we will in this discussion, in terms of how our unusua
>> the major place it fits is in the right policy, which would create an environment which would produce a lot more revenue, and that would help to reduce the debt. the federal government doesn't spend much money on energy. the energy research is about $6 billion a year, more or less. i'd like to see it doubled. i think if you're looking for something -- i mean, this report, i think, is a blueprint for independence. that doesn't mean we don't ever buy from people, this person or that...
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105
Dec 10, 2012
12/12
by
FOXNEWS
tv
eye 105
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >> i'm harris falkner, this is the fox report. it's the bottom of the hour, time now for the top of the news, negotiations on capitol hill. happening in secret
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to...
WHUT (Howard University Television)
40
40
Dec 9, 2012
12/12
by
WHUT
tv
eye 40
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concern as a citizen, whether it's deficit reduction or medicare and medicaid and social security or the environment, global climate change, it all comes back to how we receive information. and that this issue you're addressing in this letter is at the heart of your -- >> bill, many of the viewers there are concerned about the growing gap, unequal distribution of wealth and income. they're concerned about health care, concerned about global warming, concerned about women's rights, health, and many, many other issues. if you are concerned about those issues, you must be concerned about media and the increased concentration of ownership in the media. because unless we get ordinary people involved in that discussion. unless we make media relevant to the lives of ordinary people and not use it as a distraction, we are not going to resolve many of these serious crisis, global warming being one. there are scientists who will come on your show and say, "hey, forget everything else. if we don't get a handle on global warming, there's not going to be much less of this planet in a hundred years." do you see t
concern as a citizen, whether it's deficit reduction or medicare and medicaid and social security or the environment, global climate change, it all comes back to how we receive information. and that this issue you're addressing in this letter is at the heart of your -- >> bill, many of the viewers there are concerned about the growing gap, unequal distribution of wealth and income. they're concerned about health care, concerned about global warming, concerned about women's rights, health,...